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Hyundai Motor to introduce all-new sports utility vehicle in Indian market

Hyundai Motor India on Wednesday said it will introduce an all-new sports utility vehicle in the country. The company currently sells models like Venue, Creta, Alcazar and Tucson in the sports utility segment in the domestic market. "Hyundai has been one of the forerunners to induce new mobility experiences and we are all set to once again excite customers with an all-new SUV that is coming soon to take you places," Hyundai Motor India COO Tarun Garg said in a statement. The company, however, did not share any details about the engine, or size of the vehicle. Built to bring out the explorer, this all-new SUV will evoke unfiltered experiences with advanced technology, superior safety and strong performance, the automaker said without divulging details. The sports utility vehicle segment has emerged as the fastest growing segment in the domestic passenger vehicle segment.

JK Tyre looks to expand retail presence; bolster presence in SUV, EV space

JK Tyre Industries is looking to expand its retail network across the country by up to 20 per cent over the next 12-18 months, a top company official said on Monday. The company, which on Monday expanded its retail presence in North India by opening six outlets, is also looking to bolster presence in the fast-growing sports utility vehicle and electric vehicle verticals. "We currently have around 650 brand shops across the country. Over the next 12-18 months we expect a 15-20 per cent addition in these outlets as we look to go nearer to the customer," JK Tyre and Industries President (India) Anuj Kathuria told PTI here in an interaction. The company on Monday launched six new brand shops spread across Uttar Pradesh, Haryana and Rajasthan as part of its plans to improve presence especially in smaller towns and rural areas. JK Tyre now has 221 brand outlets in the northern part of the country. "Customer needs are now not limited to the big centres. With growing car parc, customers i

With 33% market share, Maruti eyes top slot in SUV space by FY24

At the moment, Tata Motors, Hyundai Motors India and Mahindra and Mahindra lead the SUV market

Price war comes to EVs as Tata makes Nexon cheaper after M&M's new launch

Tata says the move was taken after the company received benefits from additional locations, government initiatives, and production efficiency

We underestimated speed of SUV growth: Maruti Suzuki MD & CEO Takeuchi

Maruti was planning to launch its first electric vehicle (EV) by 2025 and that would not be "too late", he said

Mercedes-Benz India on road to best-ever sales: MD & CEO Martin Schwenk

'We reached our highest (unit sales) number in the calendar year 2018. It was 15,538 units. We assume we should be able to cross this number'

Expect substantial increase in SUV market share this fiscal: Maruti Suzuki

Maruti Suzuki expects substantial increase in its market share in the sports utility vehicle (SUV) segment this fiscal with the new Brezza and Grand Vitara receiving robust response, according to a senior company official. The auto major also plans to introduce more models in the SUV segment in the remaining part of the financial year. "In July we were at 7.1 per cent (market share) in the SUV segment...it increased to 10.8 per cent in August, 13.01 per cent in September and 14.4 per cent in October. So it is showing an increasing trend," Maruti Suzuki India (MSI) Senior Executive Officer Marketing & Sales Shashank Srivastava told PTI in an interaction. He noted that the market share would have increased further if the company had not faced supply issues with Brezza last month. "I would not like to project a going forward figure but can safely say that we are expecting a good increase (in market share) this fiscal as we expect to launch a few more SUVs," Srivastava said. He noted

Auto sales up 48% in Oct; all vehicle segments gain in festive season: FADA

Two-wheeler segment up 51%; high demand continues for SUVs and premium cars

2 killed as SUV crashes into tree on Eastern Express Highway in Mumbai

At least two persons were killed and five others seriously injured after a sports utility vehicle (SUV) rammed into a tree along the Eastern Express Highway in suburban Vikhroli in the wee hours of Thursday, police said. The accident took place around 12.30 am near Kanjurmarg bus stop, an official said. "A speeding SUV rammed into a road-side peepal tree, in which two persons - its driver and passenger - were killed, while five others sustained serious injuries," he said. After being alerted, police rushed to the spot and shifted the injured to a civic-run hospital, he said, adding that the process to register a first information report (FIR) was on.

Jio-bp to set up charging network for M&M's upcoming e-SUVs' launches

Starting with 16 cities, Jio-bp will install DC fast chargers at M&M dealership network and workshops across the country

Chinese EV maker BYD to launch 1st passenger car in India amid global push

Warren Buffet-backed Chinese electric carmaker BYD will launch its first passenger car in India on Tuesday, an electric SUV, marking its entry into the mainstream market

Ferrari unveils first $390,000 SUV with a plea: 'Don't call it an SUV'

Ferrari exudes confidence about the Purosangue fitting that description, and is offering a surprise answer to one question: So is it a sport utility vehicle or not?

Honda lines up Rs 260 cr to upgrade sales network with SUV push on anvil

Japanese automaker Honda along with its dealer partners plans to invest around Rs 260 crore to upgrade its dealerships across India to make them more premium as it gears up to drive in sports utility vehicles in the market starting next year, as per a senior company official. Honda's dealer network in the country currently comprises 330 facilities in 242 cities. The company, which is present in the country through a wholly-owned unit, had initiated the project in 2019 but it had to be scaled down due to the impact of the pandemic on the dealers' business. "With COVID situation improving a lot, we have renewed our focus on revamping the entire sales network and putting it on a fast track. There are still some challenges about capacity and time, but our effort is to maximise the number of revamped outlets in this year and next year," Honda Cars India Vice-President (Marketing and Sales) Kunal Behl told PTI in an interaction. The move to make the outlets premium is to cater to the ...

Mahindra XUV 400 EV launch: Where to watch, time, features and price

Mahindra XUV 400 EV is ready to be launched today, September 8, 2022. Read this detailed report on features, specifications and expected prices in India

Will post highest ever domestic sales in 2022: Hyundai's Tarun Garg

Says product portfolio in line with customer's choice for SUVs, non-committal about sales volume; Hyundai's best show so far was in 2018 at 550,002 units

Citroen C5 Aircross to get a facelift version; new to SUV launch on Sep 7

The interiors of the C5 Aircross facelift will have a new dashboard layout, a 10-inch infotainment touchscreen system, and an updated 12.3-inch instrument cluster

M&M to unveil Mahindra XUV 400 EV this week; here's what we know so far

The model, which is basically the electric version of the XUV300 sub-company SUV, was first showcased in 2020 at an Auto Expo

August auto sales see record jump on easing chip shortage, new launches

Cumulative dispatches at India's top seven passenger vehicle makers rose 30.2% year-on-year to 329,300 units from 260,450 units, shows the monthly sales data released by the companies on Thursday

Hyundai India opens bookings for Venue N Line; here's what to expect

The compact SUV comes with various exterior and interior changes to give it a sporty styling, inspired by motorsport.

EV manufacturer BYD to drive in maiden e-SUV in India by end of year

BYD, which overtook Tesla this year as the world's largest EV maker, would assemble the upcoming model at Sriperumbudur near Chennai